LegalTech pioneer Amazing Blocks attends the European Blockchain Convention

Major issues in the rapidly evolving blockchain space today include a lack of regulation and standardization — even though the technology at least promises the latter through its interoperability. Another problem to cope with is acclaiming mainstream adoption. When merging the interests of Amazing Blocks with those of the European Blockchain Convention (EBC), these pain points can be addressed: (1) Amazing Blocks supports you to establish your digital legal entity in Liechtenstein — in line with the Liechtenstein Token Act. The equity of blockchain startups or legal entities can be fully tokenized. (2) The European Blockchain Convention is a meeting point of the blockchain industry this year in Europe. The congress, which will be held on September 21 and 22, will feature workshops, presentations, panel discussions and more than 100 world-class speakers. The EBC will provide access to an AI-powered networking platform to facilitate virtual one-to-one meetings between the over 1.500 attendees. Consequently, the diverse participants efficiently find common ground between all sectors and together can enhance blockchain adoption. — Author: Nicolas Weber

Europe’s leading blockchain conference for business

Figure 1: A selection of attendees of the EBC

This year’s congress will feature presentations, panel discussions, workshops and much more, which attendees will be able to benefit from. While connecting the blockchain industry with traditional sectors can be difficult, the AI-powered networking platform to facilitate virtual one-on-one meetings between the participants is an innovative solution to cope with this issue. It will allow the smooth exchange of ideas and information between all attendees, as different as their interests may initially appear. AI helps here to effectively match the participants with one another and to find similarities that are not evident at first glance. Another novelty will be the specialized 45 minutes workshops by renowned experts Daimler, Bosch, the EU-Commission and others focusing on the following eagerly anticipated areas: Digital identity with blockchain and how to design a decentralized mobility ecosystem.

Tokenization with Amazing Blocks

The accompanying benefits are tremendous: Time and money saving, full automation and standardization, high transparency and a remote setup and management. Nevertheless, leveraging the Liechtenstein Token Act through blockchain is not an easy endeavour. This is where Amazing Blocks finds its niche: Amazing Blocks provides a software — the Tokenpad — which is a user-friendly software-as-a-service to issue and administer the tokenized shares of legal entities (that is, equity tokens) end-to-end and 24/7 from anywhere in the world. Consequently, Amazing Blocks efficiently integrates finance, tech and law.

Pioneering use-case: Using crypto assets as initial non-cash contribution at Amazing Blocks

When companies can be founded fully remotely and without the need of a bank account in Liechtenstein to leverage the Liechtenstein Token Act, a skyrocketing influx of capital can be expected. Futuristic minded investors will be able to seize the immense potential of leveraging the Liechtenstein Token Act. As a pioneer, Amazing Blocks seeks to be a major driver of reshaping the current world of finance. Being able to avoid the process of initiating a bank account will be pivotal in the future development. Nothing beats instant, trustworthy and automated processes and transactions while at the same time complying with all rules, laws and regulations.

How Amazing Blocks will utilize this auspicious opportunity

Moreover, the EBC provides Amazing Blocks with relevant and inspiring content, while collaborating with the brightest minds in our society. By listening to the speakers and interacting with them, Amazing Blocks will gain crucial, not publicly accessible insights and absorb knowledge from variously differing perspectives. Yet they all have the same ultimate goal: Enhancing our world with the help of blockchain. Not only will Amazing Blocks find partners to build synergies, but also cover the experience at the EBC and write an additional article to pass “revue” and inform about how they in fact took advantage of this unique opportunity. Ultimately, the EBC is a perfect tool to further attain relevance in the aspiring trillion dollar industry of tokenization.

Remarks

Amazing Blocks offers a tokenization solution that enables its clients to tokenize various assets according to the Liechtenstein Token Act (software-as-a-service). The software covers both the issuance of tokens and investing in tokens. It suits the needs for tokenizing all kinds of assets (e.g. machines, cash flow generating contracts, trademarks, real estate, cars). Imagine that some asset should be tokenized. For this asset various tokens would make sense: Equity tokens, debt tokens, participation rights as tokens, ownership tokens, or any mixture of these tokens. The software of Amazing Blocks helps issuers to handle multiple assets and to issue multiple tokens for these assets. This is possible by integrating blockchain technology with the law (that is, the Liechtenstein Token Act). At the core, there is the “digital legal entity in Liechtenstein” based on “tokenized shares” which allows a very efficient foundation, a very efficient operation of the company and, thus, an efficient and flexible possibility to tokenize assets. This should now make a wide variety of tokenization projects possible, because the costs for tokenization are significantly reduced.

Interested? Then, contact us! Are you interested in what Amazing Blocks is doing? Visit our website, write an email to hi@amazing-blocks.io, or follow us on LinkedIn or Twitter. Or provide your email address here and we will immediately send you more information.

Author

Nicolas Weber works in the department of Business Development Europe at Amazing Blocks and is your direct contact for any regards. You can contact him via email or connect with him on LinkedIn.

Digital legal entities in Liechtenstein based on true equity tokens to tokenize any asset in a standardized way to save time and money. - www.amazingblocks.io